State Bank of India has written to aviation regulator DGCA expressing concern over the grounded Paramount Airways plans to re-launch the carrier, saying it has been in default for long.
Also read: SBI objects to Paramount's revival plan over dues Meanwhile responding to a question at the SBI AGM today, State Bank of India Chairman, Pratip Chaudhuri said that he was unlikely to be a part of the bank's next annual general meeting. However, in May end there were rumors that Pratip Chaudhuri may get an extension as SBI Chairman.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!